American Express 2007 Annual Report Download - page 69

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INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
AMERICAN EXPRESS COMPANY
CONSOLIDATED FINANCIAL STATEMENTS PAGE
Consolidated Statements of Income – For the Years Ended December 31, 2007, 2006, and 2005 68
Consolidated Balance Sheets – December 31, 2007 and 2006 69
Consolidated Statements of Cash Flows – For the Years Ended December 31, 2007, 2006, and 2005 70
Consolidated Statements of Stockholders’ Equity – For the Years Ended December 31, 2007, 2006, and 2005 71
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Note 1 – Summary of Significant Accounting Policies 72
Note 2 – Discontinued Operations 80
Note 3 – Accounts Receivable 81
Note 4 – Investments 81
Note 5 – Loans 84
Note 6 – Asset Securitizations 85
Note 7 – Changes in Accumulated Other Comprehensive Income (Loss) 88
Note 8 – Other Assets 90
Note 9 – Short- and Long-Term Debt and Borrowing Agreements 91
Note 10 – Other Liabilities 93
Note 11 – Common and Preferred Shares 93
Note 12 – Derivatives and Hedging Activities 94
Note 13 – Guarantees 95
Note 14 – Commitments and Contingencies 96
Note 15 – Fair Values of Financial Instruments 97
Note 16 – Significant Credit Concentrations 98
Note 17 – Stock Plans 99
Note 18 – Retirement Plans 101
Note 19 – Income Taxes 106
Note 20 – Earnings Per Common Share (EPS) 108
Note 21 – Reportable Operating Segments and Geographic Operations 108
Note 22 – Quarterly Financial Data (Unaudited) 111
Note 23 – Restructuring Charges 111
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